EPS for Textron Inc. (TXT) Expected At $0.68 as of July, 18

June 27, 2018 - By Alex Paulin

Textron Inc. (NYSE:TXT) Corporate Logo
Big Money Sentiment decreased to 0.83 in Q1 2018. It has change of 0.37, from 2017Q4’s 1.2. The ratio turned negative due to Textron Inc. positioning: 38 sold and 145 reduced. 42 funds took stakes and 109 increased stakes. Investors holded 215.83 million in 2017Q4 but now own 211.27 million shares or 2.11% less.
Sumitomo Mitsui Trust reported 0.06% stake. Texas Permanent School Fund, Texas-based fund reported 67,637 shs. Thompson Siegel Walmsley Lc stated it has 0% of its capital in Textron Inc. (NYSE:TXT). Prelude Capital Mgmt Llc accumulated 0% or 300 shs. Da Davidson holds 0.01% or 9,715 shs. Lmr Prtnrs Llp holds 0.03% in Textron Inc. (NYSE:TXT) or 4,768 shs. Us Bancorp De holds 0.01% in Textron Inc. (NYSE:TXT) or 32,615 shs. Paloma Prtn Mgmt has 0.01% invested in Textron Inc. (NYSE:TXT). Chevy Chase Tru holds 221,206 shs. Optimum Invest reported 1,600 shs. Raymond James & Assocs holds 139,298 shs or 0.01% of its capital. Finance Incorporated holds 352 shs. Hancock Holding holds 33,295 shs or 0.09% of its capital. 29,900 were reported by Teachers Retirement System Of The State Of Kentucky. Salem Inv Counselors has 0.01% invested in Textron Inc. (NYSE:TXT).

Textron Inc. had 2 insider sales and 0 buys since April 27, 2018. This’s net activity of $17.66 million. Shares for $12.62M were sold by DONNELLY SCOTT C.

On July, 18 is anticipated Textron Inc. (NYSE:TXT)’s earnings report, according to Faxor. Analysts have expectation on stock’s earnings per share of $0.68. That’s up 13.33 % from last year’s $0.6 earnings per share. If earnings per share of $0.68 is revealed the profit of TXT could reach $174.11M giving it 24.40 P/E. Last quarter $0.72 earnings per share was reported. Analysts predicts -5.56 % negative EPS growth this quarter. TXT is hitting $66.38 during the last trading session, after increased 0.59%.Currently Textron Inc. is uptrending after 38.18% change in last June 27, 2017. TXT has 629,824 shares volume. TXT outperformed the S&P 500 by 25.61%.

Textron Inc. (NYSE:TXT) Ratings Coverage

In total 8 analysts cover Textron Inc (NYSE:TXT). “Buy” rating has 6, “Sell” are 0, while 2 are “Hold”. (NYSE:TXT) has 75% bullish analysts. 13 are the (NYSE:TXT)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Thursday, April 12 Morgan Stanley maintained Textron Inc. (NYSE:TXT) with “Equal-Weight” rating. On Monday, January 8 the stock has “Buy” rating by Jefferies. On Tuesday, January 16 the rating was maintained by Wells Fargo with “Buy”. On Thursday, April 19 the stock of Textron Inc. (NYSE:TXT) earned “Overweight” rating by Barclays Capital. On Tuesday, April 10 the firm earned “Buy” rating by Citigroup. On Thursday, January 11 the firm has “Hold” rating by Stephens given. On Thursday, February 1 the stock of Textron Inc. (NYSE:TXT) has “Equal-Weight” rating given by Morgan Stanley. On Monday, April 16 the company was maintained by Stephens. On Thursday, April 19 Robert W. Baird maintained Textron Inc. (NYSE:TXT) with “Outperform” rating. On Thursday, April 19 the company was maintained by Wells Fargo.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide.The company has $17.00 billion market cap. It operates through five divisions: Textron Aviation, Bell, Textron Systems, Industrial, and Finance.58.02 is the P/E ratio. The Textron Aviation segment makes and sells business jets, turboprop aircraft, piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as provides maintenance, inspection, and repair services.

There’s a substantial Textron Inc. (NYSE:TXT) news published by Bizjournals.com. It’s a report titled: “Report: Textron Aviation ending production of Cessna Citation X+” on June 26, 2018.

Textron Inc. (NYSE:TXT) Institutional Investors Chart

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